To: dgurgel who wrote (7486 ) 12/17/1999 7:41:00 PM From: John Madarasz Read Replies (1) | Respond to of 10081
Dave... Re: website update... A quick check this evening has revealed an updated executive page on GMGC's web site. FWIW this was executed exactly as per Laura Crowley from investor relations informed me it would be one week ago to the day. I think this market is providing all of us with all the anxiety we need, it's nice to see GMGC follow through on these small details, it tells me that the Onstar deal is under way and the company is back to growing the business, and we hope the revenue stream. I also think that Kurt pointed out some very real and somewhat disturbing facts in regards to the dilution issue. I think the uptrend is still strongly intact though, and if this company can continue to secure deals like the Onstar alliance, and appreciate the share price, there will be a much more substantial "buy and hold" crowd entering the scene. This will help to control the float. If and when we can rise above and hold the $5 level, some real price appreciation could be in order. Until then I think we will be range bound and at the mercy of the trading crowd... the ONLY thing that will take us there are real revenues and top quality public relations. The current float as per YAHOO profile stands at 33.3 million. The entire unified messaging market stands before us as the next "killer app", still virtually untapped in regards to exposure and real consumer awareness. I'm willing to give it another year to unfold here, and I'll be satisfied and comfortable with a dollar cost average at $3 or less. All things considered at these price levels I believe the risk reward ratio is still stacked in the buyers favor. Of course this is all the opinion of an eternal optimist...<g> Best Regards, and have a great weekend. John